Treasury Management Advisory Services Edinburgh

To provide specialist skills, advice and resources to assist the Treasury Section on Treasury Management policy and strategy.

United Kingdom-Edinburgh: Treasury services

2018/S 173-392533

Contract notice

Services

Legal Basis:

Directive 2014/24/EU

Section I: Contracting authority

I.1)Name and addresses

The City of Edinburgh Council
Waverley Court, 4 East Market Street
Edinburgh
EH8 8BG
United Kingdom
Telephone: +44 1314693922
E-mail: procurement@edinburgh.gov.uk
NUTS code: UKM75

Internet address(es):Main address: http://www.edinburgh.gov.uk

Address of the buyer profile: https://www.publiccontractsscotland.gov.uk/search/Search_AuthProfile.aspx?ID=AA00290

I.2)Information about joint procurement

I.3)Communication

The procurement documents are available for unrestricted and full direct access, free of charge, at: https://www.publiccontractsscotland.gov.uk/

Additional information can be obtained from the abovementioned address

Tenders or requests to participate must be submitted electronically via: https://www.publiccontractsscotland.gov.uk/

I.4)Type of the contracting authority

Regional or local authority

I.5)Main activity

General public services

Section II: Object

II.1)Scope of the procurement

II.1.1)Title:

Treasury Management Advisory Services

Reference number: CT2536

II.1.2)Main CPV code

66600000

II.1.3)Type of contract

Services

II.1.4)Short description:

3.1) The provision of treasury advisory services, where the Provider will be required to provide specialist skills, advice and resources to assist the Treasury Section on Treasury Management policy and strategy, debt management, investment and technical matters within prescribed regulatory and accounting frameworks.

II.1.5)Estimated total value

Value excluding VAT: 140 000.00 GBP

II.1.6)Information about lots

This contract is divided into lots: no

II.2)Description

II.2.1)Title:

II.2.2)Additional CPV code(s)

66171000

79412000

II.2.3)Place of performance

NUTS code: UKM75

II.2.4)Description of the procurement:

The provision of treasury advisory services, where the Provider will be required to provide specialist skills, advice and resources to assist the Treasury Section on Treasury Management policy and strategy, debt management, investment and technical matters within prescribed regulatory and accounting frameworks.

II.2.5)Award criteria

Criteria below

Quality criterion – Name: Organisational Experience / Relationship Management / Weighting: 7.5

Quality criterion – Name: Communication / Weighting: 6

Quality criterion – Name: Economic forecasting / Weighting: 6

Quality criterion – Name: Local Authority Statutory and Regulatory Framework / Weighting: 7.5

Quality criterion – Name: Compliance / Weighting: 6

Quality criterion – Name: Risk / Weighting: 7.5

Quality criterion – Name: Non Public Works Loan Board Funding / Weighting: 8

Quality criterion – Name: Investment Portfolio Management / Weighting: 6.5

Quality criterion – Name: Credit Rating / Weighting: 6.5

Quality criterion – Name: Local Authority Credit Risk / Weighting: 11

Quality criterion – Name: Cash Fund Benchmarking / Weighting: 7.5

Quality criterion – Name: Community Benefits / Weighting: 5

Quality criterion – Name: Presentation / Weighting: 15

Price – Weighting: 20

II.2.6)Estimated value

II.2.7)Duration of the contract, framework agreement or dynamic purchasing system

Duration in months: 48

This contract is subject to renewal: yes

Description of renewals:

4.1 It is the intention of the Council that any Contract resulting from this ITT will commence on 3.1.2019 for a period of 2 years with the option to extend for up to 2 further periods of 12 months (a total of up to 2 additional years), undertaken at the sole discretion of the Council.

II.2.10)Information about variants

Variants will be accepted: no

II.2.11)Information about options

Options: no

II.2.12)Information about electronic catalogues

II.2.13)Information about European Union funds

The procurement is related to a project and/or programme financed by European Union funds: no

II.2.14)Additional information

Section III: Legal, economic, financial and technical information

III.1)Conditions for participation

III.1.1)Suitability to pursue the professional activity, including requirements relating to enrolment on professional or trade registers

III.1.2)Economic and financial standing

List and brief description of selection criteria:

Tenderers are required to have a minimum “general” annual turnover of 400 000 GBP for the last two financial years. Where a Tenderer does not have an annual turnover of this value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

Current ratio for current year:

Current ratio for prior year:

The formula for calculating a Tenderer’s current ratio is current assets divided by current liabilities. The acceptable range for each financial ratio is greater than 1.15. Where a Tenderer’s current ratio is less than the acceptable value, the Council may exclude the Tenderer from the competition or may apply discretion seeking supporting evidence to determine the Tenderer’s suitability to proceed in the competition.

III.1.3)Technical and professional ability

III.1.5)Information about reserved contracts

III.2)Conditions related to the contract

III.2.1)Information about a particular profession

III.2.2)Contract performance conditions:

III.2.3)Information about staff responsible for the performance of the contract

Section IV: Procedure

IV.1)Description

IV.1.1)Type of procedure

Open procedure

IV.1.3)Information about a framework agreement or a dynamic purchasing system

IV.1.4)Information about reduction of the number of solutions or tenders during negotiation or dialogue

IV.1.6)Information about electronic auction

IV.1.8)Information about the Government Procurement Agreement (GPA)

The procurement is covered by the Government Procurement Agreement: yes

IV.2)Administrative information

IV.2.1)Previous publication concerning this procedure

IV.2.2)Time limit for receipt of tenders or requests to participate

Date: 08/10/2018

Local time: 15:00

IV.2.3)Estimated date of dispatch of invitations to tender or to participate to selected candidates

IV.2.4)Languages in which tenders or requests to participate may be submitted:

English

IV.2.6)Minimum time frame during which the tenderer must maintain the tender

Tender must be valid until: 08/01/2019

IV.2.7)Conditions for opening of tenders

Date: 08/10/2018

Local time: 15:00

Section VI: Complementary information

VI.1)Information about recurrence

This is a recurrent procurement: no

VI.2)Information about electronic workflows

VI.3)Additional information:

Note: To register your interest in this notice and obtain any additional information please visit the Public Contracts Scotland Web Site at https://www.publiccontractsscotland.gov.uk/Search/Search_Switch.aspx?ID=556435

The buyer has indicated that it will accept electronic responses to this notice via the Postbox facility. A user guide is available at https://www.publiccontractsscotland.gov.uk/sitehelp/help_guides.aspx

Suppliers are advised to allow adequate time for uploading documents and to dispatch the electronic response well in advance of the closing time to avoid any last minute problems.

Community benefits are included in this requirement. For more information see: http://www.publiccontractsscotland.gov.uk/info/InfoCentre.aspx?ID=2361

A summary of the expected community benefits has been provided as follows:

Tenderers must give details of the Community Benefit(s) they will provide if successful in being awarded this contract.

Your response must detail:

— the name(s) and address(es) of the Registered Charities or recognised community groups you will sponsor,

— the specific project(s) which will be targeted and the associated community benefit which will result,

— the quantity and value GBP of the community benefits offered, including the proposed timing of sponsorship,

— any additional resources you will use to ensure successful delivery,

— how will you monitor progress and update the Council.

(SC Ref:556435)

Download the ESPD document here: https://www.publiccontractsscotland.gov.uk/ESPD/ESPD_Download.aspx?id=556435

VI.4)Procedures for review

VI.4.1)Review body

The City of Edinburgh Council
Waverley Court, 4 East Market Street
Edinburgh
EH8 8BG
United Kingdom
Telephone: +44 1314693922
E-mail: procurement@edinburgh.gov.ukInternet address: http://www.edinburgh.gov.uk

VI.4.2)Body responsible for mediation procedures

VI.4.3)Review procedure

VI.4.4)Service from which information about the review procedure may be obtained

VI.5)Date of dispatch of this notice:

06/09/2018